605 Glen Lake DrBowieMD20716
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bowie at 605 Glen Lake Dr, Bowie, MD, 20716 with 5% annual appreciation on a $599,605 basis while $4,716/mo rent supports operations. Total monthly income totals $4,716/mo and a $2,935/mo payment preserves $987/mo for cash returns. Annual cash flow comes to $11,838/yr on $197,270 deployed, and return on cash invested reaches 26.06% in year one. Equity gained on principal adds $3,869/yr, and five-year appreciation sums $165,660 alongside rental yield of 9.44%. Five-year ROI measures 135.85% and total cumulative return in cash totals $267,992.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,716/mo property income versus a $2,935/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2022
2,786 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20716, Bowie, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,953 (100%) |
| Owner Occupied HU | 6,593 (66.2%) |
| Renter Occupied HU | 2,882 (29.0%) |
| Vacant Housing Units | 478 ( 4.8%) |
| Median Home Value | $454,615 |
| Average Home Value | $488,465 |
Housing Distribution
Address Breakdown
Residential
9,484
Single Family
7,346
Multi-Family
2,138
Businesses
490
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